Brits gamble on lottery win as pension
Millions of Brits are gambling with their future, one-in-ten are relying on a lottery win to fund their retirement, it has been found.Instead of putting money into a pension or savings account, more than a third are waiting for inheritance money and one in ten are hoping for a big lottery win.
Six per cent even sat they plan to marry someone rich instead of saving for the days when they no longer work.
Slightly more sensible ways people are planning to pay for their lifestyle once they hit retirement age include downsizing to smaller property or simply continuing to go to work.
Hmmm, suddenly we are doubting whether our plan of retiring on all of the money we can find down the back of the sofa is actually realistic.
The study of 3,000 Brits was carried out by savings and pensions provider Skandia.
Spokeswoman Michelle Cracknell said: "It's worrying to think that so many people are relying on things like inheritance and big money wins to help them when they stop work.
"Things can always change and the inheritance may go down in value or even disappear altogether, and the lottery and competition prizes are a pipe-dream for most of us, so it's always good to have a real plan in place."
LINKS
Skandia
Spokeswoman Michelle Cracknell said: "It's worrying to think that so many people are relying on things like inheritance and big money wins to help them when they stop work.
"Things can always change and the inheritance may go down in value or even disappear altogether, and the lottery and competition prizes are a pipe-dream for most of us, so it's always good to have a real plan in place."
LINKS
Skandia
